GymPact, The App That Pays You For Working Out, Relaunches As Pact With New Diet Features


GymPact, the app gives you money if you make your fitness goals, has a new name, Pact, and two new diet-oriented features for the New Year.

We covered GymPact when it first launched a year ago and again in June when it received $850,000 in funding from the founder of Guitar Hero. It recently secured an additional $1.5 million in a seed round led by Khosla Ventures and Max Levchin to expand its features beyond exercise.

Founder Yifang Zhang tells me that GymPact changed its name because “only about one out of five people understood the ‘impact’ pun.” The “gym” part of the name was also confusing for users because the app not only counts gym check-ins, but also check-ins at other fitness centers, outdoor runs, walks, bike rides and activity measured by the wearable tech devices and apps it integrates with, including RunKeeper, Jawbone UP, Fitbit, Moves, MapMyFitness…

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